http://bugs.gentoo.org/show_bug.cgi?id=339737

--- Makefile.am
+++ Makefile.am
@@ -331,7 +331,7 @@
 dist_clearlooks_theme_DATA= \
 	themes/Clearlooks/openbox-3/themerc
 
-clearlooks34_themedir = $(themedir)/Clearlooks/openbox-3
+clearlooks34_themedir = $(themedir)/Clearlooks-3.4/openbox-3
 dist_clearlooks34_theme_DATA= \
 	themes/Clearlooks-3.4/openbox-3/themerc